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URL:  http://boards.fool.com/like-hedge-funds-where-the-managers-fees-are-29597824.aspx

Subject:  Re: Day Traders & HFTs Date:  10/11/2011  6:49 PM
Author:  wrjohnston91283 Number:  114089 of 121261

like hedge funds where the manager's fees are taxed at 15%?

You are thinking of "carried interest", where manager's get a cut of the capital gains from their managed funds, but don't actually have the investment in the fund.
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